XML 37 R24.htm IDEA: XBRL DOCUMENT
v3.8.0.1

Acquisitions, Dispositions, Goodwill and Other Intangible Assets (Tables) | 9 Months Ended
--- | ---
Sep. 30, 2017
Business Combination, Recognized Identifiable Assets Acquired, Goodwill, and Liabilities Assumed, Net [Abstract] |
Schedule of Goodwill [Table Text Block] | Changes in our goodwill balances for the nine months ended September 30, 2017 were as follows:
(Dollars in millions) | Balance as of January 1, 2017 |  | Goodwill Resulting from Business Combinations |  | Foreign Currency Translation and Other |  | Balance as of September 30, 2017
Otis | $ | 1,575 |  |  | $ | 3 |  |  | $ | 114 |  |  | $ | 1,692 |
UTC Climate, Controls & Security | 9,487 |  |  | 110 |  |  | 443 |  |  | 10,040 |
Pratt & Whitney | 1,511 |  |  | — |  |  | — |  |  | 1,511 |
UTC Aerospace Systems | 14,483 |  |  | — |  |  | 187 |  |  | 14,670 |
Total Segments | 27,056 |  |  | 113 |  |  | 744 |  |  | 27,913 |
Eliminations and other | 3 |  |  | — |  |  | — |  |  | 3 |
Total | $ | 27,059 |  |  | $ | 113 |  |  | $ | 744 |  |  | $ | 27,916 |
Intangible Assets Disclosure [Table Text Block] | Identifiable intangible assets are comprised of the following:
| September 30, 2017 |  | December 31, 2016
(Dollars in millions) | Gross Amount |  | Accumulated Amortization |  | Gross Amount |  | Accumulated Amortization
Amortized: |  |  |  |  |  |  |
Service portfolios | $ | 2,197 |  |  | $ | (1,531 | ) |  | $ | 1,995 |  |  | $ | (1,344 | )
Patents and trademarks | 401 |  |  | (228 | ) |  | 378 |  |  | (201 | )
Collaboration intangible assets | 4,023 |  |  | (342 | ) |  | 3,724 |  |  | (211 | )
Customer relationships and other | 13,323 |  |  | (3,999 | ) |  | 12,798 |  |  | (3,480 | )
| 19,944 |  |  | (6,100 | ) |  | 18,895 |  |  | (5,236 | )
Unamortized: |  |  |  |  |  |  |
Trademarks and other | 2,111 |  |  | — |  |  | 2,025 |  |  | — |
Total | $ | 22,055 |  |  | $ | (6,100 | ) |  | $ | 20,920 |  |  | $ | (5,236 | )
Schedule of Finite-Lived Intangible Assets, Future Amortization Expense [Table Text Block] | The following is the expected amortization of intangible assets for the years 2017 through 2022, which reflects the pattern of expected economic benefit on certain aerospace intangible assets.
(Dollars in millions) |  | Remaining 2017 |  | 2018 |  | 2019 |  | 2020 |  | 2021 |  | 2022
Amortization expense |  | $ | 210 |  |  | $ | 879 |  |  | $ | 866 |  |  | $ | 888 |  |  | $ | 898 |  |  | $ | 893 |

X
- References No definition available. + Details
Name: | us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredGoodwillAndLiabilitiesAssumedNetAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of assets, excluding financial assets and goodwill, lacking physical substance with a finite life, by either major class or business segment. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 30 -Section 50 -Paragraph 2 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=66006027&loc=d3e16323-109275 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 30 -Section 50 -Paragraph 1 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=66006027&loc=d3e16265-109275 + Details
Name: | us-gaap_ScheduleOfFiniteLivedIntangibleAssetsTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of goodwill by reportable segment and in total which includes a rollforward schedule. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 20 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=35741047&loc=d3e13816-109267 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 20 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=35741047&loc=d3e13854-109267 + Details
Name: | us-gaap_ScheduleOfGoodwillTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the amount of amortization expense expected to be recorded in succeeding fiscal years for finite-lived intangible assets. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 30 -Section 50 -Paragraph 2 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=66006027&loc=d3e16323-109275 + Details
Name: | us-gaap_ScheduleofFiniteLivedIntangibleAssetsFutureAmortizationExpenseTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration